{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-005764","form_type":"8-K","ticker":"CPSS","cik":"0000889609","company_name":"CONSUMER PORTFOLIO SERVICES, INC.","filed_at":"2026-07-24T20:33:52+00:00","discovered_at":"2026-07-24T20:35:00.310505+00:00","generated_at":"2026-07-24T20:35:06.209051+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CPS closes $716.88M auto loan securitization, its largest ever","bullets":["Issued $716.88M in asset-backed notes secured by $734.51M in subprime auto receivables.","Five note classes: A ($317.3M, 4.52%), B ($99.9M, 4.84%), C ($113.1M, 5.05%), D ($81.5M, 5.72%), E ($105.0M, 7.65%).","Weighted average coupon ~5.90%; senior class rated AAA by S&P and DBRS.","Initial credit enhancement: 1.00% cash reserve plus 2.40% overcollateralization; target overcollateralization up to 7.70% of original pool.","Third term securitization in 2026; 60th senior subordinate deal since 2011."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-005764","json":"https://secwatch.observer/filing/0001683168-26-005764.json","markdown":"https://secwatch.observer/filing/0001683168-26-005764.md","text":"https://secwatch.observer/filing/0001683168-26-005764.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889609/000168316826005764/0001683168-26-005764-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889609/000168316826005764/cps_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-24T20:35:06.209051+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}